NOT LISTED FOR SALE

Estimated Value: $463,000 - $517,000

5 Beds
2 Baths
2,200 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 61 W 1040 S, Orem, UT 84058 and is currently estimated at $501,560, approximately $227 per square foot. 61 W 1040 S is a home located in Utah County with nearby schools including Westmore Elementary School, Lakeridge Jr High School, and Mountain View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2022
Sold by
Dean Cochrane Casey and Lynn Jennifer
Bought by
Cochrane Casey Dean and Cochrane
Current Estimated Value
$501,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$28,961
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$473,837

Purchase Details

Closed on
May 9, 2019
Sold by
Le Liem Quang and The Estate Of Brian Le
Bought by
Chochrane Casey Dean and Chochrane Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,711
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2014
Sold by
Heard Brady R and Heard Brittany A
Bought by
Le Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,680
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2012
Sold by
Rhutah Properties Llc
Bought by
Herd Brady R and Herd Brittany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,935
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2012
Sold by
Hilton David H and Hilton Judy A
Bought by
Rhuthan Properties Llc

Purchase Details

Closed on
Jun 13, 1997
Sold by
Hilton Hugh G and Hilton Nalene R
Bought by
Hilton David H and Hilton Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,647
Interest Rate
8.37%
Mortgage Type
VA

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cochrane Casey Dean -- None Listed On Document
Chochrane Casey Dean -- Backman Title Services Ltd
Le Brian -- Gateway Title Ins Agency
Herd Brady R -- North American Title
Rhuthan Properties Llc -- American Preferred Title
Hilton David H -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochrane Casey Dean $30,000
Previous Owner Chochrane Casey Dean $286,711
Previous Owner Le Brian $26,820
Previous Owner Le Brian $203,680
Previous Owner Herd Brady R $177,935
Previous Owner Loutensock Sandra $22,700
Previous Owner Hilton David H $128,647
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,029 $248,050 $0 $0
2023 $1,876 $246,510 $0 $0
2022 $1,902 $242,220 $0 $0
2021 $1,770 $341,400 $174,800 $166,600
2020 $1,599 $303,100 $139,800 $163,300
2019 $1,382 $272,300 $129,000 $143,300
2018 $1,261 $237,400 $111,100 $126,300
2017 $1,171 $118,140 $0 $0
2016 $1,155 $107,470 $0 $0
2015 $1,128 $99,275 $0 $0
2014 $1,024 $89,705 $0 $0
Source: Public Records

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